Curaleaf cleared a key hurdle in its pursuit of Aurora Cannabis, while the DEA signaled that separate production limits are coming for Schedule III marijuana. In Los Angeles, authorities are investigating a deadly crash outside the North Hollywood Metro station.
Tag: Marijuana Rescheduling
DEA Narrows Cannabis Fight as Skydance Draws Musk Capital
A DEA judge rejected an attempt to reopen the marijuana rescheduling hearing, while federal prosecutors charged a senior Virginia lawmaker in an alleged cannabis distribution enterprise. In media finance, Elon Musk reportedly invested roughly $1 billion in the newly enlarged Skydance.
DEA Rejects New Delay as Cannabis Consolidation Accelerates
Federal marijuana rescheduling reached another procedural turning point, Vireo Growth expanded its Florida infrastructure, and new data showed Los Angeles filming remains well below historical levels.
Rescheduling Stalls as Cronos Expands and Netflix Changes Course
Federal marijuana rescheduling faces another procedural delay while Cronos Group establishes a major position in Europe’s regulated adult-use market. In entertainment, Netflix is installing veteran executive Peter Rice atop its global content operation.
Cannabis Firms Report $2.8 Billion in Disputed Tax Exposure
Cannabis operators are carrying billions in uncertain tax liabilities as federal regulators debate the next step in marijuana rescheduling. Los Angeles, meanwhile, is imposing new criminal exposure on cannabis retailers that sell nitrous oxide.
Cannabis Court Fight Advances as Bedrocan Enters Bankruptcy
Federal cannabis opponents and the Justice Department proposed a timetable for a major rescheduling lawsuit, while the Netherlands’ sole medical cannabis supplier entered bankruptcy. Netflix is also reportedly preparing its largest workforce reduction since 2022.
Cannabis Operators Confront Federal Uncertainty and Financial Pressure
State regulators are pressing the DEA for clearer rescheduling guidance, Los Angeles has postponed tax-related licensing restrictions, and Trulieve has paid down $65 million in mortgage debt.
Federal Cannabis Review Stalls as Rove Goes Global and California Tightens AI Rules
A procedural stay adds uncertainty to federal cannabis reform, a California-born vape brand enters Canada, and new state laws establish workplace safeguards for artificial intelligence.
Alabama Clears Cannabis Shift as TerrAscend Battles Tax Clawback
Alabama removed a state-level obstacle to federal marijuana rescheduling, while TerrAscend challenged the government’s effort to recover an $8.36 million tax refund. In Los Angeles, new restitution laws are being tested through lawsuits involving artworks held by the Norton Simon Museum and the Auschwitz Memorial.
